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as soon as possible please 47) The balance sheets at the end of each of the first two vears of onerations indicate the following: Based
as soon as possible please
47) The balance sheets at the end of each of the first two vears of onerations indicate the following: Based on the above information, if net income is $130,000 and interest expense is $40,000 for 2013, what are the earnings per share on common stock for 2013 (round to two decimal places)? A) $2.17 B) $2.68 C) $2.02 D) $2.32 48) The following information is available for Morgan Corporation: Which of the following statements is correct? A) The price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of 2012 . B) The price-earnings ratio is 5.0% and a share of common stock was selling for 5.0% more than the amount of earnings per share at the end of 2012 . C) The price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of 2012 . D) The market price per share and the earnings per share are not statistically related to each other Step by Step Solution
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